Global competitiveness Index vs. economic growth: Analysis of relationship in the Dominican Republic Context
This research studied the relationship between the Global Competitiveness Index (GCI) and Economic Growth (EG), motivated by the apparent decline of the Dominican Republic (DR) in the 2017-2018 report, with respect to the previous. As the World Economic Forum (WEF) prepared its reports using data fr...
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| Format: | Article |
| Language: | English |
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Academy of Business and Emerging Markets
2023-05-01
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| Series: | Journal of the Academy of Business and Emerging Markets |
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| Online Access: | https://doi.org/10.5281/zenodo.7947248 |
| _version_ | 1797352842278731776 |
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| author | Moisés Alejandro Banks Peña |
| author_facet | Moisés Alejandro Banks Peña |
| author_sort | Moisés Alejandro Banks Peña |
| collection | DOAJ |
| description | This research studied the relationship between the Global Competitiveness Index (GCI) and Economic Growth (EG), motivated by the apparent decline of the Dominican Republic (DR) in the 2017-2018 report, with respect to the previous. As the World Economic Forum (WEF) prepared its reports using data from international cooperation and financing organizations, the concept of competitiveness was evaluated by analyzing data on indicators from the same type of institutions. As some leading scholars had previously stated, the investigation results contradict the WEF's statements about a direct positive relationship between EG and the GCI. Moreover, the negative impact of assessing the GCI indicators based on responses of senior business executives to surveys applied by the WEF was also determined in the DR context. |
| first_indexed | 2024-03-08T13:22:34Z |
| format | Article |
| id | doaj.art-6282c113566f428789619d02cf1a45cf |
| institution | Directory Open Access Journal |
| issn | 2563-6960 |
| language | English |
| last_indexed | 2024-03-08T13:22:34Z |
| publishDate | 2023-05-01 |
| publisher | Academy of Business and Emerging Markets |
| record_format | Article |
| series | Journal of the Academy of Business and Emerging Markets |
| spelling | doaj.art-6282c113566f428789619d02cf1a45cf2024-01-17T22:56:16ZengAcademy of Business and Emerging MarketsJournal of the Academy of Business and Emerging Markets2563-69602023-05-0131152610.5281/zenodo.7947248Global competitiveness Index vs. economic growth: Analysis of relationship in the Dominican Republic ContextMoisés Alejandro Banks Peña0https://orcid.org/0000-0001-8714-6878APEC University, Dominican RepublicThis research studied the relationship between the Global Competitiveness Index (GCI) and Economic Growth (EG), motivated by the apparent decline of the Dominican Republic (DR) in the 2017-2018 report, with respect to the previous. As the World Economic Forum (WEF) prepared its reports using data from international cooperation and financing organizations, the concept of competitiveness was evaluated by analyzing data on indicators from the same type of institutions. As some leading scholars had previously stated, the investigation results contradict the WEF's statements about a direct positive relationship between EG and the GCI. Moreover, the negative impact of assessing the GCI indicators based on responses of senior business executives to surveys applied by the WEF was also determined in the DR context.https://doi.org/10.5281/zenodo.7947248global competitive indexeconomic growthdominican republic |
| spellingShingle | Moisés Alejandro Banks Peña Global competitiveness Index vs. economic growth: Analysis of relationship in the Dominican Republic Context Journal of the Academy of Business and Emerging Markets global competitive index economic growth dominican republic |
| title | Global competitiveness Index vs. economic growth: Analysis of relationship in the Dominican Republic Context |
| title_full | Global competitiveness Index vs. economic growth: Analysis of relationship in the Dominican Republic Context |
| title_fullStr | Global competitiveness Index vs. economic growth: Analysis of relationship in the Dominican Republic Context |
| title_full_unstemmed | Global competitiveness Index vs. economic growth: Analysis of relationship in the Dominican Republic Context |
| title_short | Global competitiveness Index vs. economic growth: Analysis of relationship in the Dominican Republic Context |
| title_sort | global competitiveness index vs economic growth analysis of relationship in the dominican republic context |
| topic | global competitive index economic growth dominican republic |
| url | https://doi.org/10.5281/zenodo.7947248 |
| work_keys_str_mv | AT moisesalejandrobankspena globalcompetitivenessindexvseconomicgrowthanalysisofrelationshipinthedominicanrepubliccontext |